Closed Sales Reported for January 2009 - IMRMLS

February 5, 2009

Are residential real estate prices attractive and affordable to potential purchasers? Are lenders making loans? The following data suggests that "yes" is the answer to both questions.

As reported through the IMRMLS, these are the number of closed transactions for 2003-2009 in the 14 communities that I track.

Banning/Beaumont.....2009/97......2008/48......2007/54......2006/59......2005/68......2004/73

.......................................2003/61

Bloomington.................2009/28......2008/6........2007/6........2006/12......2005/12.......2004/14

.......................................2003/24

Colton............................2009/46......2008/14......2007/26......2006/32......2005/33......2004/30

.......................................2003/52

Fontana........................2009/293.....2008/59.....2007/120....2006/154....2005/186....2004/178

......................................2003/197

Grand Terrace........................2009/6.........2008/3........2007/7........2006/8.........2005/6........2004/11

......................................2003/9

Highland......................2009/51.......2008/16......2007/35......2006/42......2005/53......2004/54

......................................2003/61

Loma Linda............................2009/15......2008/3........2007/12.......2006/8........2005/18......2004/7

......................................2003/10

Mentone......................2009/5........2008/4........2007/7.........2006/7........2005/6........2004/5

......................................2003/1

Moreno Valley..........................2009/350...2008/119....2007/95......2006/198....2005/214.....2004/203

.....................................2003/198

Redlands....................2009/50......2008/31......2007/40.....2006/41.......2005/63.......2004/56

....................................2003/71

Rialto..........................2009/127....2008/31......2007/43.....2006/64.......2005/98.......2004/90

....................................2003/105

Riverside...................2009/371....2008/145....2007/182...2006/238.....2005/316.....2004/308

....................................2003/305

San Bernardino........2009/278....2008/74.....2007/120....2006/189.....2005/151.....2004/202

...................................2003/193

Yucaipa/Calimesa...2009/41......2008/32.....2007/36.......2006/47......2005/32.......2004/56

...................................2003/52